Top Arendahl, MN Mortgage Lenders

RankArendahl Mortgage LenderArendahl Home Loans ProcessedArendahl Home Loans ApprovedArendahl Home Loans DeniedArendahl Mortgage Median Loan to Income Ratio (LTR) for Approved LoansArendahl Mortgage Median LTR for Denied Loans
1Associated Bank 321 71%15%
  • 150%
  • (75,000 Loan / $50,000 Income)
  • 170%
  • (85,000 Loan / $50,000 Income)
2Marine Credit Union 160 79%14%
  • 153%
  • (95,000 / $62,000)
  • 222%
  • (147,000 / $66,000)
3Wells Fargo Bank 159 64%18%
  • 190%
  • (95,000 / $50,000)
  • 206%
  • (126,000 / $61,000)
4Associated Bank Na 100 59%32%
  • 192%
  • (125,000 / $65,000)
  • 215%
  • (127,000 / $59,000)
5Rushford State Bank 81 85%9%
  • 137%
  • (44,000 / $32,000)
  • 198%
  • (101,000 / $51,000)
6Bank Of The West 69 60%18%
  • 164%
  • (102,000 / $62,000)
  • 129%
  • (84,000 / $65,000)
7Home Federal Savings Bank 59 71%11%
  • 194%
  • (132,000 / $68,000)
  • 218%
  • (142,000 / $65,000)
8F & M Community Bank 59 98%1%
  • 181%
  • (58,000 / $32,000)
  • 108%
  • (40,000 / $37,000)
9Affinity Plus Federal Credit U 54 74%1%
  • 100%
  • (40,000 / $40,000)
  • 302%
  • (106,000 / $35,000)
10Altra Federal Credit Union 50 80%4%
  • 131%
  • (116,000 / $88,000)
  • 154%
  • (119,000 / $77,000)
11Agstar Financial Services 47 59%4%
  • 152%
  • (157,000 / $103,000)
  • 237%
  • (375,000 / $158,000)
12Eastwood Bank 44 70%15%
  • 212%
  • (417,000 / $196,000)
  • 152%
  • (108,000 / $71,000)
13Merchants Bank 40 72%10%
  • 205%
  • (123,000 / $60,000)
  • 321%
  • (90,000 / $28,000)
14Bank Of America 31 67%19%
  • 197%
  • (85,000 / $43,000)
  • 207%
  • (87,000 / $42,000)
15Think Mutual Bank 30 60%10%
  • 64%
  • (36,000 / $56,000)
  • 255%
  • (156,000 / $61,000)
16Countrywide Bank Fsb 28 75%17%
  • 148%
  • (73,000 / $49,000)
  • 307%
  • (117,000 / $38,000)
17Consumer Loan Services Llc 28 57%17%
  • 243%
  • (107,000 / $44,000)
  • 172%
  • (136,000 / $79,000)
18Genworth Mortgage Insurance Co 27 48%7%
  • 238%
  • (212,000 / $89,000)
  • 370%
  • (185,000 / $50,000)
19Mortgage Guaranty Insurance Co 24 66%25%
  • 228%
  • (57,000 / $25,000)
  • 265%
  • (146,000 / $55,000)
20United Guaranty Corporation 22 77%9%
  • 196%
  • (61,000 / $31,000)
  • 169%
  • (66,000 / $39,000)

Arendahl, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 1,920
  2. Loan Applications Denied: 358
  3. % of Loan Applications Denied: 18
  4. # of Loan Originations: 1,258
  5. % of Loan Applications Originated 65

Arendahl, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral13
Credit history12
Debt-to-income ratio10
Credit application incomplete4
Unverifiable information3

Arendahl, MN Mortgage Loans Processed & Denied Applications by Loan Amount

Loan Amount Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$0 - $100,000995 6619
$100,000 - $300,000886 6317
$300,000 - $500,00035 7414
$500,000 - $1,000,0003 3366
$1,000,000 - $1,500,0001 1000

Arendahl, MN Home Loans Processed & Denied Applications by Income Level

Income Levels Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$0 - $100,0001,666 6419
$100,000 - $300,000236 6614
$300,000 - $500,0006 6633
$500,000 - $1,000,0005 6020
$1,000,000 - $1,500,0005 800
> $2,000,0002 1000

Loan to Income Ratios Research for Mortgage in Arendahl, MN

Loan to Income Ratio (Loan Amount as a Percentage of Income Levels) Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
0 - 30%12871 17
30 - 60%14175 14
60 - 100%18467 15
100 - 200%61267 16
200 - 300%47366 18
300 - 400%21657 25
> 400%16647 24

Arendahl, MN Home Owner Occupancy Type Mortgage Data

Owner Occupancy Name Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
Owner-Occupied As A Principal Dwelling1,789 6518
Not Owner-Occupied As A Principal Dwelling126 7015
Not Applicable2 00

Home Owner Property Type Statistics in Arendahl, MN for Home Loans

Property Type Name Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
One-To-Four Family Dwelling (Other Than Manufactured Housing)1,800 6518
One To Four-Family98 7110
Manufactured Housing22 5436
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